Public Industrial Investment

Public Industrial Investment on Local Development – Government-funded plant construction during WWII generated large lifelong benefits for children growing up nearby

This paper studies the long-run effects of government-led construction of manufacturing plants on the regions where they were built and on individuals from those regions. Specifically, we examine publicly financed plants built in dispersed locations outside of major urban centers for security reasons during the United States’ industrial mobilization for World War II. Our results … Continue reading →